Price is testing its 1st resistance (100% Fibonacci extension*2, horizontal swing high resistance, 38.2% & 23.6% Fibonacci retracement) where it is expected to reverse down to its support (horizontal swing low support,61.8% % Fibonacci extension). Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.